BlackSky Technology (BKSY) to Release Quarterly Earnings on Thursday

BlackSky Technology (NYSE:BKSY - Get Free Report) will likely be issuing its Q4 2024 quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $34.23 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

BlackSky Technology Stock Performance

BKSY traded down $0.09 on Friday, hitting $9.93. The company's stock had a trading volume of 1,746,369 shares, compared to its average volume of 1,848,818. BlackSky Technology has a 12 month low of $3.86 and a 12 month high of $21.92. The firm has a market cap of $305.48 million, a P/E ratio of -4.39 and a beta of 1.27. The company has a quick ratio of 5.68, a current ratio of 5.68 and a debt-to-equity ratio of 0.89. The company's 50 day simple moving average is $13.69 and its 200-day simple moving average is $10.05.

Wall Street Analyst Weigh In

BKSY has been the topic of a number of analyst reports. Oppenheimer boosted their price objective on BlackSky Technology from $10.00 to $30.00 and gave the company an "outperform" rating in a research note on Wednesday, February 19th. Benchmark reiterated a "buy" rating and set a $17.00 price target on shares of BlackSky Technology in a research report on Friday. Finally, HC Wainwright restated a "buy" rating and issued a $20.00 price objective on shares of BlackSky Technology in a research report on Friday. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, BlackSky Technology currently has a consensus rating of "Buy" and an average price target of $21.80.

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Insider Buying and Selling at BlackSky Technology

In other news, CFO Henry Edward Dubois sold 7,938 shares of the firm's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $10.65, for a total transaction of $84,539.70. Following the sale, the chief financial officer now owns 420,779 shares in the company, valued at approximately $4,481,296.35. This trade represents a 1.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Christiana L. Lin sold 5,550 shares of BlackSky Technology stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total value of $59,107.50. Following the sale, the chief accounting officer now directly owns 354,143 shares of the company's stock, valued at approximately $3,771,622.95. This trade represents a 1.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,086 shares of company stock valued at $245,866 in the last 90 days. Corporate insiders own 4.50% of the company's stock.

BlackSky Technology Company Profile

BlackSky Technology Inc provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally.